TVS Supply Chain Solutions Limited — Others, 05-08-2025: Action(s) taken or orders passed
05-08-2025 | 07:55 pm
05-08-2025 | 07:55 pm
TVS Supply Chain Solutions has received an order from the Reserve Bank of India (RBI) resolving past non-compliance issues related to its overseas investments. These issues involved not following proper valuation procedures for acquiring or divesting shares in a foreign entity and delays in reporting financial commitments abroad. To settle these contraventions, the RBI imposed a compounding fee of ₹0.1175 Cr. The company has stated that this resolution order will not have a material impact on its financial or operational activities. This concludes the matter for the company.
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